Shops for Rent on Marsh Road, Hong Kong

Why rent a shop on Marsh Road, Wan Chai, Hong Kong?

Renting a shop on Marsh Road, Hong Kong, offers a strategic location in the vibrant Wan Chai district, known for its dynamic mix of business, nightlife, cultural venues, and ongoing urban regeneration. Marsh Road connects key streets like Hennessy Road, Lockhart Road, and Gloucester Road, placing tenants close to bustling commercial areas and public transport like the Marsh Road bus stop. This location benefits from heavy foot traffic, diverse consumer demographics, and proximity to business offices, making it ideal for retail, dining, or service-oriented shops seeking exposure in a lively, evolving urban environment. Additionally, Wan Chai’s blend of historic charm and modern development attracts both locals and tourists, enhancing opportunities for successful business operations on Marsh Road.

How much does it cost to rent a shop on Marsh Road, Wan Chai, Hong Kong?

The cost to rent a shop on Marsh Road in Wan Chai, Hong Kong typically ranges from HK$80 to HK$200 per square foot per month, depending on the specific location, shop size, and ground floor accessibility. Marsh Road shop rental prices vary significantly based on factors such as proximity to Wan Chai MTR station, foot traffic levels, and the condition of the property. Ground floor retail spaces on Marsh Road generally command higher rents of HK$150-200 per square foot monthly, while upper floor commercial units may be available for HK$80-120 per square foot per month. Small shops of 200-500 square feet on Marsh Road can expect monthly rents between HK$16,000 to HK$100,000, with prime locations near the intersection with Johnston Road or close to major shopping areas commanding premium rates. Additional costs for Marsh Road shop rentals include management fees, rates, government rent, and utility deposits, which can add 15-25% to the base rental cost. Prospective tenants should also budget for key money or premium payments, which are common in Hong Kong's competitive retail leasing market and can range from 2-6 months of rent for desirable Marsh Road locations.

What's the foot traffic like on Marsh Road, Causeway Bay, Hong Kong?

Marsh Road in Causeway Bay, Hong Kong experiences moderate to heavy foot traffic throughout the day, particularly during peak shopping hours and weekends when locals and tourists frequent the numerous retail outlets, restaurants, and entertainment venues in the area. As one of the connecting streets in the bustling Causeway Bay district, Marsh Road sees consistent pedestrian flow from visitors traveling between major shopping destinations like Times Square, SOGO department store, and the nearby Fashion Walk complex. The foot traffic typically intensifies during lunch hours from 12pm to 2pm and evening hours from 6pm to 9pm when office workers and shoppers converge on the area's dining establishments and retail shops. Weekends and public holidays generally bring the highest pedestrian volumes to Marsh Road, with families and tourists contributing to crowded sidewalks as they explore Causeway Bay's commercial offerings. The street's proximity to the Causeway Bay MTR station and its position within Hong Kong's premier shopping district ensures steady foot traffic year-round, making it a prime location for retail businesses and restaurants looking to capitalize on the area's vibrant pedestrian activity.